Monday, October 22, 2012

M/I HOMES OFFERS HOME BUYERS RECORD LOW 2.875 PERCENT MORTGAGE INTEREST RATE

ORLANDO, Fla. --- M/I Homes is now offering home buyers a record low interest rate--2,875 percent. David G. Byrnes, Orlando division president for M/I Homes, said the housing market is starting to show signs of a rebound and M/I Homes’ M/I Financial Corp wants to speed up the recovery with its 30-year, fixed-rate APR conventional mortgage. “We’re in the middle of our ‘Smart Move Event,’ where customers can already get some amazing values,” Byrnes said. “With this once-in-a-lifetime interest rate, buying now is even smarter,” Byrnes added. Home buyers need to pay 20 percent down and close on the sale of their new home by Nov. 30 to qualify for the 2.875 percent interest rate and APR. M/I Financial Corp also offers a 2.875 interest rate on FHA mortgages with just a three percent down payment and a 3.689 percent APR. M/I Homes, Inc. is one of the nation’s leading builders of single-family homes, having delivered more than 81,500 homes. The Company’s homes are marketed and sold under the trade names M/I Homes, Showcase Homes, TriStone Homes and Triumph Homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Austin, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C.

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